Note: If your video is standard definition, set your data rate to 2000kbps and your display resolution to either 640x480 (4:3) or 640x360 (16:9).
For more information and tutorials, please visit: vimeo.com/help/compression
Edit: Yes, you can change your export resolution settings from the render out menu. However, this is where you might find unintended black bars (letterboxing) or odd pixel ratio conflicts (stretching and/ or squishing of your composition upon export). If you set your comp to your desired export settings, what you see should be what you get, in that regard.
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